Starting October 1, property owners in Greece who rent out homes and apartments for short-term stays will face tougher taxation and registration requirements, following revisions announced by the Independent Public Revenue Authority (AADE).
The AADE has issued a detailed guide and Q&A outlining the new obligations for hosts and managers, many of whom list their properties on platforms like Airbnb and Booking.com.
Key changes include:
-Mandatory registration: All short-term rentals of up to 59 days must be registered with AADE, whether listed through platforms or privately.
-Separate stays taxed individually: Extended guest stays are counted and taxed as separate rentals.
-Property Registry Numbers (AMA): Each room must have its own AMA. Renting three or more rooms qualifies as a business activity.
-Property limits: Income from up to two properties is considered rental income; renting three or more properties is treated as business activity and taxed accordingly.
-Extra services: Offering more services than the basic amenities (bed sheets) requires registering as a tourist accommodation business with the Tourism Ministry.
-Climate Resilience Fee: Now variable, calculated monthly and applied per property.
–Athens freeze: No new AMAs are being issued for apartments in the city center, apart from those registered before 2024, in a bid to address overtourism and housing shortages.
-Change of ownership: New AMA numbers must be issued whenever a property changes owner or manager.
Authorities warn that non-compliance will trigger penalties, part of broader efforts to curb tax evasion, manage the booming short-term rental sector, and ease housing pressures in popular destinations.
